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Palau: Merchandise imports by the reporting economy (current US$)

In , Palau's Merchandise imports by the reporting economy (current US$) was 269.22 million.

That's up 14.9% from 2022, the highest value on record.

The global average for this indicator in 2023 was $114.38 billion . Palau ranks #199 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #31 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Palau Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
269.22M
Trough
89.41M
1-year change
+14.9%
5-year change
+74.6%
+11.8% / yr
10-year change
+60.1%
+4.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
269.216M
234.219M
187.506M
159.515M
172.464M
154.192M
157.474M
153.086M
149.733M
163.603M

About Merchandise imports by the reporting economy (current US$)

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Palau's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Palau's Merchandise imports by the reporting economy (current US$) was 269.22 million, according to World Bank Open Data.
Is Palau's Merchandise imports by the reporting economy (current US$) rising or falling?
Palau's Merchandise imports by the reporting economy (current US$) rose 14.9% from 2022 to 2023.
How does Palau rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Palau ranked #199 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Palau's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Palau is below the world average. Within East Asia & Pacific, it ranks #31 of 36.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.